accounts payable

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

Source: en.wikipedia.org

Payoneer CEO Says B2B Product Is Powering Platform Growth
Payoneer CEO Says B2B Product Is Powering Platform Growth
February 28, 2023  |  B2B Payments

Cross-border expansion is crucial to business growth goals, even for those FinTechs supporting international transactions. This, as Payoneer Global executives told investors on the company’s...

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81% of Retailers and Manufacturers Plan to Upgrade Accounts Payable Systems
81% of Retailers and Manufacturers Plan to Upgrade Accounts Payable Systems
February 28, 2023  |  Accounts Payable

The old saying goes that necessity is the mother of invention. We might add: Necessity is the mother of tech upgrades in the back office....

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Why Accounts Payable Should Be Done by Machines, not People
Why Accounts Payable Should Be Done by Machines, not People
February 23, 2023  |  Opinion

AI technology in the accounts payables process results in more accuracy and less fraud, OpenEnvoy CEO Matthew Tillman writes in the new PYMNTS eBook, “2023...

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How Data-Informed Decisions Help CFOs Manage Spend and Growth Cycles
How Data-Informed Decisions Help CFOs Manage Spend and Growth Cycles
February 22, 2023  |  B2B Payments

Today’s changing economy is driving new spending priorities as organizations look to boost operational fundamentals. Businesses want technology to help them be strategically proactive with...

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Healthcare Firms a Step Behind in Automating Accounts Payable Processes
Healthcare Firms a Step Behind in Automating Accounts Payable Processes
February 22, 2023  |  Accounts Payable

The healthcare industry overall has an employment problem. Seeing a sharp personnel exodus post-pandemic, the industry continues to lose workers. The Bureau of Labor Statistics January employment...

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Brightflag Helps Legal Teams Tackle PDF Invoices With Automation
Brightflag Helps Legal Teams Tackle PDF Invoices With Automation
February 21, 2023  |  B2B Payments

A significant portion of the invoices received by legal teams are still delivered in PDF format. To help these teams reduce the time lost to...

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Aspire Raises $100M to Grow Finance Platform in Southeast Asia
Aspire Raises $100M to Grow Finance Platform in Southeast Asia
February 15, 2023  |  Investments

Aspire has raised $100 million in a Series C round to grow its all-in-one finance operating system for businesses. The Singapore-based firm said in a...

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Fraud Prevention Tops CFO Digital Innovation Wish List
Fraud Prevention Tops CFO Digital Innovation Wish List
February 13, 2023  |  Fraud Prevention

Companies are focusing technology investments on the systems they deem crucial for the long haul. Going back nearly three years to the pandemic’s March 2020...

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Priority and IQ BackOffice Partner to Fully Automate Accounts Payable
Priority and IQ BackOffice Partner to Fully Automate Accounts Payable
February 09, 2023  |  Accounts Payable

Priority Technology Holdings and IQ BackOffice have partnered to fully automate accounts payable (AP) payments. In a Thursday (Feb. 9) press release, the companies said that Priority’s CPX automated payment solution...

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